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CNN
Dec 10, 2012 1:00am EST
try to prevent the fiscal cliff now just 23 days away. no details on their conversations but reps for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> and just after midnight on sunday, making history. the governor signed the voter-approved referendum into law on wednesday. >>> and hugo chavez is returning to cuba for more cancer surgery but this time he is making sure a new leader is in place in case he doesn't return, and he named the vice president as his choice for a replacement in case something happens for him. the 58-year-old president is still scheduled to be sworn in for a new six-year-term on january 10th. >>> sad news for fans of music star jenni rivera. there doesn't appear to be any survivors. the plane lost contact with air traffic controllers early this morning. so far no cause has been given for that crash. >>> the national menorah in front of the white house was illuminated tonight marking the first day of hanukkah. and no hanukkah celebration would be complete without the spinning dradel. >>> great lakes, i don't have to tell you, you are getting slammed with snow
CNN
Dec 9, 2012 4:00pm PST
news on the fiscal cliff talks. president obama, house speaker john boehner met face-to-face at the white house today to try to prevent the fiscal cliff now just 23 days away. we don't have any details on their conversations, but reps for both sides say the lines of communication remain open. meanwhile, at least four republican senators now support a tax hike on wealthy americans. here is senator tom coburn of oklahoma. >> the fact is we're spending money that we don't have on things we don't absolutely need, and there's no grown-ups in washington that will say time-out, stop the politics, let's have a compromise rather than continue to play the game through the press and hurt the country. >> more on this story in just a few minutes with our senior political analyst, david gergen. >>> a half million dollars, that's the bond set today by a judge near dallas for cowboys nose tackle josh brent. he was behind the wheel in a car accident this weekend that killed teammate jerry brown, jr. police believe brent was drunk when he flipped his mercedes yesterday morning. >>> we have an update
CNN
Dec 9, 2012 3:00pm PST
, it's moving. just when you thought the fiscal cliff talks were at a standstill, john boehner spent time today at the white house with president obama. we like to spend our sunday afternoons with cnn contributor. lz granderson, a writer for espn, consultant and strategist, good to see body of you. john boehner had some pretty tough words for the president on friday, listen. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. well, but none of it's going to be possible if the president insists on his position. insists on my way or the highway. >> so anna, he also said the white house has wasted another week. now two days later, they're meeting again. did boehner's remarks make the difference? >> good. look, i think it's great. we cannot reach a deal if you are posturing and negotiating through press conferences. they need so sit in a room, they need to look at each other, they need to talk constructive debate, and they need to move this ball forward. i think what happened today is a very good sign. americans should be encouraged. i
CNN
Dec 8, 2012 4:00pm PST
speaker john boehner says he has no progress report on fiscal cliff talks because there is no progress to report. told reporters yesterday, president obama needs to drop what boehner called his m eed h or the highway approach. the fiscal cliff just 24 days away. >>> and a tragedy in pro football to tell you about. a dallas cowboys player has been killed and another has been arrested after an early morning car crash. cnn's mark makay joins me with the latest in a few minutes. >>> nelson mandela is in the hospital. but the country's president says the 94-year-old is doing well and there is no cause for alarm. mandela spent 27 years in prison for his battle against racial segregation and later became his nation's first black president. rob robin kernow has the report. >> reporter: jacob zuma announcements mandela is in the hospital for tests. the presidency issued a statement aiming to reassure the south african public. it says that mandela is well there is no need for concern and the medical attention he's receiving is consistent with his age. mandela is 94. now, these are the latest ima
CNN
Dec 10, 2012 9:00am EST
the trading for the week. fiscal cliff talks and a reserve meeting midweek could shift the markets, bri markets,. ringing the opening bell at the exchange, the financial services company blackrock. >>> hugo chavez returns to cuba to undergo another cancer operation. chavez left in the middle of the night just a day after telling his country the cancer was back. in is his fourth surgery since being diagnosed with cancer last year. >>> today former south african president nelson mandela is facing a day of medical tests in the hospital. the 94-year-old has suffered health problems in recent years. the nation's current president says mandela is doing well but offered no details on his condition. mandela is a nobel laureate who fought against racial segregation. >>> former republican presidential candidate newt gingrich isn't sounding too optimistic about his party's chances about winning back the white house in 2016, especially if it stays in its current form. in fact, gingrich thinks it's almost impossible if one particular candidate wins the democratic nomination. take a listen. >> i
CNN
Dec 11, 2012 9:00am PST
people watching closely, trying to avoid the fiscal cliff which would mean tax hikes for almost all americans but also severe cuts as well. they are debating that publicly as well as privately. i want to talk more about the rebel group that we had mention before in syria, that is now designated a new terrorist organization, cnn's hala gorani joining us atlanta. hala, first of all, you've got the syrian rebels, they're there fighting al assad's government. now the u.s. government, state department, steps in and says, a small faction of this group is considered a terrorist organization. what does that mean on the ground in syria for the rebel forces? >> well, it's hard to tell if it's going to mean anything, really. because what we're hearing now, uniformly from rebel groups on the ground after the designation by the united states of the nusra front as a foreign terrorist organization, look you can't not arm us, not finance us, and at the same time tell us not to rely on the best sort of armed and financed subgroup in the anti-assad fight. so rebel groups are saying you're putting us in a difficult position. they're having in some cases to rely on the jihadist group and its tactics reminiscent of
CNN
Dec 12, 2012 11:00am PST
we are on the fiscal cliff talks. we are less than three weeks now from the 1-2 punch of tax increases and government spending cuts and the two sides appear to be moving farther apart. here's house speaker john boehner describing his latest negotiations with the president, just over the phone last night. >> the president and i had a pretty frank conversation about just how far apart we are. >> dana bash is our senior congressional correspondent. she s unearthed some surprising new details here about the speaker's latest offer to the president. dana, what can you tell us? >> reporter: well, we were told first earlier today by democratic source that part of the reason why that phone call between the president and the speaker didn't go so well to put it mildly is because part of the republican counteroffer they sent to the white house yesterday included a renewed call for, quote, permanent tax cuts for the wealthiest americans. now, we know that that is a nonstarter in general for the president. he said it ump team times, but the democrats at the white house felt that to put the
CNN
Dec 10, 2012 2:00pm EST
, john boehner, to talk specifically about avoiding the fiscal cliff. we are mere weeks from that, you know, basically kicking in, first of the year. that's when everyone's taxes would be going up. that happened just yesterday. and also you have all these pro union protests happening not too far away in lansing, michigan. we have a correspondent there as well. we'll talk to here. jessica yellin to you in washington. and, first things first, you think here michigan, you think the birth place of unions and you think about all these people who are very frustrated with this, everything i read, it seems to be pretty much a done deal, this right to work legislation, that the governor has indicated he would sign. these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its
CNN
Dec 6, 2012 11:00am EST
talk about pressing national business. something called the fiscal cliff, which i know you have been watching. you're very closely aligned with president obama having been the chair of the democratic national convention in september. i want to get your take on this. this is critical to your state. businesses in your state. taxpayers in your state. do you have any optimism that we may not go off the cliff? >> i do have optimism. there's no question about it. i think both sides understand that it's not in the nation's best interest for us to go off this cliff. people are tired of the partisanship. they want both sides to work together. they want them to do so in a balanced way. i agreed to join the stirring committee to fix the debt coalition and i have because the balance is that we have to make spending cuts. we have to address entitlements but we also have to make sure that we have the revenues that we need to make the investments that we need. education. infrastructure. transportation. research and development. workers training. all of those things are important things that we have
CNN
Dec 5, 2012 8:00am PST
coast. and we are at 27. the number of days before the nation is going to slip over the fiscal cliff and that is what people are talking about. unfortunately, in washington they are not talking to each other about it. right now president obama is meeting with the washington business roundtable. that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know, originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say. but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and then most of the time just having a conversation. let me begin by saying all of you in this room are not just business leaders, not just ceos of your companies bu
CNN
Dec 12, 2012 6:00am PST
other issues, fiscal cliff and on and on and on. it just appears that way. lena, you heard some people talking about civil leaders with atrocities. how do you think that will play into it? >> i think that will become a point of discussion, but what was said about her written role in africa, it's very nuanced and i think very biased. i think if she is nominated, and we have to remember she has not been nominated yet, then this need to be an issue where she's given a chance to actually discuss it. it needs to be discussed in a fair manner and an unbiased manner. africa, as we all know, has had a very complicated and tortured past where a lot of times when we have to choose allies, there are no good choices to make, and everybody who has been a leader in africa has had an unsavory past in some way, shape or form. but it needs to be discussed in she's nominated. >> so ron -- sorry, again, for calling you john -- you said what senator john mccain was not satisfied about. what does susan rice have to do to prove herself to people like john mccain and lindsey graham. >> she's come across as a very aggressi
CNN
Dec 10, 2012 1:00am PST
met in person to talk about the fiscal cliff was more than three weeks ago. >>> just after midnight on sunday gay couples in washington state made history. the voter approved referendum was signed into law on wednesday. >>> venezuelan president yugo chavez is returning to cuba for more cancer surgery. this time he is making sure a new leader is in place in case he doesn't return. he named the vice president as his choice for his choice in case something happens to him. he's scheduled to be swarn in for a new six-year term on january 10th. >>> some very sad news for fans of music superstar jenny rivera. they have found the wreckage of the private jet believing to be carrying the popular mexican-american singer and six others. the plane lost contact early this morning. so far, no cause has been given for that crash. >>> the menorah has been illuminated tonight, marking the start of hanukkah. >>> of course, no hanukkah celebration would be complete without the spinning dradel. >>> you're getting slammed right now by a major winter storm in the great lakes area. it's the most snow in the m
CNN
Dec 13, 2012 11:00am PST
talk to the president. we will presumably assume they will talk about the fiscal cliff. wolf blitzer, i will bring you in. let's look at brief time. they met at the white house on sunday. there was a phone call a couple of days ago and still you have the house speaker today with his big sign saying they need too much spending in washington and need to cut the spending cuts. the president wants the tax on the top 2%. where do you think this will go? >> who knows where it's going to go. i know the pressure is mounting on both the president and the speaker of the house. the speaker made it clear earlier today you are getting ready to go home to cincinnatiy for the weekend. if there was no movement, now there seems to be movement and they get together and maybe the president has specific new spending cuts and he is ready to put forward including entitlement spending whether medicare or medicate and maybe something on social security. i doubt social security will be thrown into the mix by the president. so much democratic opposition to any cuts let alone social security. i suspect that's
CNN
Dec 6, 2012 9:00am PST
, but the president is pushing ahead with the fiscal cliff pr campaign. he is meeting with a middle class family in northern virginia, and the white house says the president is going to talk about his efforts to extend tax cuts for the middle class as part of this debt deal. well, some economists are predicting that the country will go into another recession if this debt deal is not reached. any deal that the lawmakers and white house come up with is also going to have a major impact, so joining us to talk a little bit about it, peter morrissey. he is a business professor at the university of maryland, and our own chief business xhnt ali velshi. you wrote something, an article here, predicting that these tax hikes, the spending cuts likely in the debt deal, could push unemployment, you believe, from 7.9% all the way to 10%. how so? >> well, simply it will cut spending in the economy. the wealthy will have less money to spend, but the government will likely be spending a lot less money as well because the republicans are going to want spending cuts. you combine, say, about $250 billion in spending and tax cuts. that will probably cut gdp with the usual multiplier efforts of two
CNN
Dec 13, 2012 9:00am PST
part it is of the world, not talking is not such a bad thing. >> it hasn't evolved into that yet. where are we with the idea of compromi compromise? is there any solution to not going over the fiscal cliff? >> reporter: we heard a lot of the same today from leaders in both parties. from the speaker coming out and saying the president's got to put more spending cuts on the table and from the democratic leaders say that the republicans just have to give on agreeing to raise tax rates for the wealthy. no. guess what? we heard from dthem that the house speaker is going home this weekend. he's not going to be here. they'll hopefully talk to the phone, but no face-to-face meetings. >> dana you talked to a couple of guys that spent careers in congress making deals, and they talk about you how they did it. tell us a little bit about that, the insights here. >> reporter: a really fascinating conversation with a former republican leader, senate let the record trent lott and the former democratic leader tom dashle on opposite sides of the table for almost ten years i covered them for a large part
CNN
Dec 8, 2012 7:00pm PST
john boehner says he has no progress report on fiscal cliff talks because there is no progress to report. he told reporters yesterday that president obama needs to drop what boehner called his "my way or the highway" approach. aides are talking behind the scenes. fiscal cliff, just 24 days away. >>> he's nba royalty. one of the best basketball players of all time. talking about kareem abdul-jabbar. he thrilled millions of fans with the sky hook, his trademark move on the court, a six-time. he's also the nba's all-time leading scorer. he is also among thousands of americans living with leukemia. kareem says his diagnose is not as a death sentence but as a manageable disease. >> in december of 2008, i was diagnosed. it came after a long series of night sweats and stuff that would come and go. it was months. i really should have gone and talked to my doctor about it earlier. but i thought it was just me getting older. and it was really symptoms of the type of leukemia i have, which is called cml, chronic myaloid leukemia. being able to give over cml patients that they are not alone a
CNN
Dec 9, 2012 5:00pm EST
issues. >>> we're going to be talking a lot more about the fiscal cliff in the coming hour. three cnn i-reporters are going to be joining me to talk about their real concerns about this and we got some answers from our business expert from questions that were sent by you that you tweeted to us. that's going to be coming up in about 15 minutes. >>> bail was set for dallas cowboys josh brent, he's been charged with intoxication manslaughter for a crash on saturday that killed his teammate. police say brent was pulling jerry brown out of the car when they arrived. dallas coach jason garrett talked about his players just a few minutes ago. >> obviously this is a very difficult situation, a tragedy occurred to our football team. in the last couple of days. and we lost jerry brown, practiced roster player for us who we picked up earlier in the year. and it's been really emotion for everybody and as the head coach of the team, i have to talk to the team and i have to inform them what happened, give them the news and then try to offer some perspective. you know, i talked a lot got the value of a teammate. fortunately i've been on a lot of teams
CNN
Dec 11, 2012 6:00am PST
. >> ron, the "national review" is reporting that if the fiscal cliff talks go sour, that john boehner might have a challenge for his speaker post. do you agree with that? >> i think speaker boehner is extremely strong in his position. he's been very, very smart, including the republican leadership, in his negotiations. while it's just him and president obama, he has them inside the room before he goes and meets with the president, he talks to them and they reflect the views of the entire conference. the key here with the entire deal is that the devil is in the details. once these details come out, it's going to take arm-twisting by both sides. it's going to take calls from the president and democrats. it's going to take the speaker to make sure republican conference members are falling into line and that's where we're going to see, when the rubber meets the road, if this deal can get done. remember, you know, health care reform by the president passed on december 24th. so we do have a president there just going right up to christmas. and if it doesn't happen at christmastime, they'll
CNN
Dec 9, 2012 1:00pm PST
that fiscal cliff we all have been talking so much abouted ed ad nauseam. the president and john boehner met to discuss the crisis. a deal is needed to avoid an automatic tax increase and spending cuts for just about everyone. you know what, this has got to be the biggest game of political chicken since the debt ceiling debacle last summer. >> and no one wants it to be a debacle and that's why it's a game of chicken. barack obama knows he just won the election so he can pretty much win this argument so right now it's a lot of posturing, a lot of chest beating, but we're all going to have a happy christmas because they're going to work this out before they go off the fiscal cliff i don't think east party wants -- on their backs if he we go off this cliff, payroll taxes go up and republicans would actually take the brunt of it. >> congressman tim cole of oklahoma said this about the situation, listen to what he said and then i'll get your take on it. >> some of our people think if we just dig in and hold strong, we can stop it, that's not is case, it happens automatically. you have
CNN
Dec 5, 2012 11:00am PST
you. i want to start there with dana bash here in a moment. because the fiscal cliff debate is starting to sound like, you know, a high stakes game of chicken. there is all kinds of tough talk. no action. right now democrats and republicans are refusing to compromise on this key sticking point, how to get more money from wealthy people. president obama, you know the deal, he wants to raise tax rates for the wealthy. house speaker john boehner wants to close tax loopholes, limit deductions for the wealthy. let's stay on the hill here, let's talk to senior congressional correspondent dana bash. we know the speaker -- we know speaker boehner met with conservative republicans today. did he get any backlash today from his plan? >> reporter: you know what, interestingly it doesn't seem like he did. we know that conservatives are not happy with the idea that their own house republican leadership proposed a plan that includes $800 billion in new revenue. we have seen -- reported on it extensively yesterday and the day before about the e-mail alerts that conservative groups have put out, republican senator jim demint was up-front about the fact he's not happy about it. however, when it
CNN
Dec 7, 2012 8:00am PST
november. it is good news for investors, believe it or not. 25 days away from the fiscal cliff, those new jobs number could also be good for president obama and might end up giving him some of the leverage dana was talking about. listen to this. >> president obama's argument has been that the economy is doing well enough it could handle a tax hike. if the economy were in recession as we saw last time, then he would be reluctant to lift that top rate. if the economy is growing sharply, then if -- the -- some damage from lifting the top rate then maybe the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a really, really hard time getting people, even moderate democrats, to increase the marginal rate. the fact it is a strong report, i think, puts wind in the sails. >> wind in his sails. that's not necessarily what the speaker was saying. let's get straight total son kosik live at the new york stock exchange. >> raw numbers. what is the dow doing? >> we are not seeing the wind go in a strong direction towards the positive direction. you are seeing a mixed bag with stocks now. that's because, you know, despite
CNN
Dec 10, 2012 9:00am PST
the need to avoid going over the fiscal cliff and what his solution to that is. that would require that the top 2% of americans pay higher taxes. that is something he's been talking with republicans in congress about and believes is nonnegotiable. shaking hands there, and we're looking at the venue as well. that's where he's going to be speaking at the auto plant at the top of the hour. also saw the president last night at the christmas in washington charity concert in d.c. that event was hosted by conan o'brien and featured the legendary diana ross and psy, who was greeted by the president. the president did not attempt psy's signature dance, gangnam style. they were talking yesterday, but the president did suggest he thinks he can do it. he thinks he can do that dance. we're going to see if that actually ever happens. there was some controversy, however. psy apologizing on friday for anti-american rap performance he did eight years ago. it all seems to be patched up and worked out now. >>> also want to tell you about this extraordinary girl. she was living in one of the poorest places on earth, a slm in uganda. she discovered chess and turns out to a progidy. she in
CNN
Dec 12, 2012 8:00am PST
economy gets to the fiscal cliff and the more american jobs are lacplaced in jeopardy. >> well, they talk and we all listen and then we decide who we appreciate more. it's in the form of a poll who is handling these negotiations better. the latest abc news "washington post" poll says 49% of americans think president obama is doing a better job of all of this, while only 25% say they approve of speaker boehner's efforts. those aren't the numbers you want to see if you're the speaker right now. our senior congressional correspondent dana bash has been working her sources throughout the morning, joining me live now from washington. one of the things i see, dana, that's so frustrating, is we get a lot of rhetoric on television and we hear later about secret conversations. i just wonder how much rhetoric is going on behind closed doors or if they're really getting closer. >> reporter: well, you just mentioned there was a monphone l between the speaker and the president, and by all accounts, it really did not go well. i'm learning new information about why that may have been. i talked to a democrat
CNN
Dec 12, 2012 9:00am PST
really negotiating anything? you have the fiscal cliff, and you have all kinds of gridlock in washington. what do you make of what you see? >> it is very strange. i mean, it could be that somebody should sit down and rewrite the way america runs things, because, you know, while america did this, china moves forward rapidly. other countries are more decisive move forward rapidly. so i think on the fiscal cliff it will get sorted. it would be nice if there could be a bit more decisive leadership. if you run a company, you don't have this -- this horrible problem where you can't make decisions. you can get on and say if i want to get into space, i'll go into space. let's get on and invest in it. if i want to go down to the bottom of the oceans, let's build a submarine that goes to the bottom of oceans. it's a lot easier than running a country. >> do you blame any particular side? is it all the same to you? >> look, i think i'm slightly biased one way more than the other, but i'm not going to push out 50% of the people watching your program right now. all right. i think that as far as things
CNN
Dec 7, 2012 6:00am PST
washington will get its act together, avert the fiscal cliff and like what they see from the jobs report this morning. >> my goodness. that's optimism there. can you talk to me a little more about this job market shrinking and that maybe why the unemployment rate dropped? >> two surveys that the government takes, household survey where they call thos thousands of people at home and ask, are you working? that's the number that gives us the unemployment rate. they also talked to thousands and thousands of companies and they say how many jobs do you have? how many jobs have you added? that's how you get that net job creation number up 146,000. when the government calls people up and they say i'm not working or i've dropped out of the labor market or whatever, you can see just how big the labor market is. we know that there are some, i think, 300,000 some people who have dropped out of the labor market. they've either dropped out. they could be retiring or they could drop out because they're a two income household and now they're a one income household. they are not going to look anymore, decided maybe they'll look next year. you can get a lot of reasons of w
CNN
Dec 5, 2012 6:00am PST
today, wednesday, with two days left in the week with the fiscal cliff not too far away certainly may be questionable. what they insist is that their members are going to go back home and talk to their businesses and small business leaders to maybe play the outside in-game that the president has been playing by trying to rally support for his side of this issue. >> dana bash, reporting live from capitol hill. >>> also, right now, brefing congress about exactly what happened in benghazi. every single members of the house of representatives, all 400 plus of them were invited. so elise, this is a multimedia presentation. so is it a power point on benghazi? >> reporter: well, carol, the members are just starting to arrive right now. they will be meeting in this room right here, this auditorium. minority leader nancy pelosi just arrived. basically, it's going to be very similar to the briefing that some of the members of the intelligence committees, armed services committee, the leadership, those classified briefings already took place with a very specific level of detail. this briefing now is open to all members of the house. they won't go over as much classified material as in th
CNN
Dec 13, 2012 6:00am PST
the same service. >>> warning, fiscal cliff ahead. did you see that? we go to politics head. the nation edging closer to the fiscal cliff and with 19 days to go there is no deal, outlining what he calls "deliberate and frank talks with president obama" house speaker john boehner says both sides remain far apart. joining me is cnn analyst roland martin and cnn contributor will cain. to roland first. is this a real stalemate or is this all about posturing? >> it's a real stalemate. obviously republicans who clearly do not want to raise taxes on anybody, the president's made it perfectly clear that i won, i have a mandate and we are not going to continue doing this. also keep in mind the bush cuts contributed to our deficit so it's interesting to hear folks say we should continue them but they didn't say let's cut the deficit when they contribute it according to the cbo. i think the president certainly has more referage on his side and republicans know it and trying to hold out as best as they can. in the end he'll get his wish. >> who is going to blink first? will this is for you. seems like americans aren't interested in lawmakers digging in. look at the poll. this is what a new nbc/"wall street journal" poll shows t
CNN
Dec 11, 2012 11:00am PST
him not to make cuts to medicaid in the fiscal cliff negotiations. one expressed dismay today at the climate of secrecy surrounding the talks. listen if you would to senator jay rockefeller of west virginia. >> i get nervous when two people disappear into a white house room and start making a grand alliance and they think, well, we're going to do this to the rich and that to the poor, so we'll make that a trade-off. and like tom harkin says, that is unmoral. you cannot do it. >> so for now, let's just say no budget deal come the first of the year. you know what happens. income taxes go up, and under terms of the debt agreement reached last year, government spending would slow. this is the so-called fiscal cliff. now, it is clear what higher taxes would do. but what about budget cuts? who would that affect? a lot of folks including several million unemployed workers. watch this story with me from cnn's kyung lah. >> reporter: she doesn't call it a fiscal cliff. what she could be facing at year's end is a financial free fall. >> i don't know. i just wish i wasn't in this situation, but it is what it is. and i can just do what i can.
CNN
Dec 8, 2012 2:00pm PST
thing close to progress in efforts to avoid the fiscal cliff. president obama used his weekly address insisting he is ready to make the tough decisions on spending cuts. >> i am willing to make more entitlement spending cuts on top of the one trillion in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families then we're also going to have to ask the wealthiest americans to pay higher tax rates. that is one principle i wouldn't compromise on. >> speaker john boehner has a different view. he says the president needs to abandon what he called his "my way or the highway approach," in his words. if the president does that a lot of things are possible. >>> syrian rebels are battling army units around the capital. activists say 26 people were killed in the damascus suburbs today, while 29 more were killed around the country. meanwhile, the u.s. and other officials warning against chemical weapons.
CNN
Dec 6, 2012 9:00am EST
of the big stories of the day. are you prepared if the nation goes off the fiscal cliff? the ultimate game of chicken. who will brink first on tlink f fiscal cliff? as timothy geithner told cnbc, bring it on. >> is the administration prepared to go over the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve rates going up on the top 2% of the wealthy. >> taxpayers may think that's easy for geithner to say. what about middle class families whose taxes will go up more than $2,000 if as geithner suggests we dive off that cliff. even though president obama and john boehner chatted by phone, there's no deal. republicans are not amused. >> incredibly many top democrats including the president seem perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two sides will make a deal and have moved to plan b. a retired teacher in utah has put off plans to get a new car. brian chandler, a data manager in atlanta is delaying buy
Search Results 0 to 43 of about 44 (some duplicates have been removed)